http://www.theaustralian.com.au/bus...g/news-story/e5a496dd1547028c3c838758c1bf0e87
More about KDR, but PLS mentioned also...
As for the lithium in lithium-ion batteries, Australia is truly blessed when it comes to hard-rock sources, and this week it should be a case of even more so with a maiden resource estimate expected from Kidman Resources (KDR, last sale price 40c) for its Mt Holland project in WA.
The US and Chinese-owned Greenbushes operation in WA has long been the biggest hard rock source of lithium, and Pilbara Minerals (PLS , last sale price 60c) is fast-tracking its WA project into production, based on the world’s second biggest known hard rock resource at its Pilgangoora deposit in the Pilbara (128 million tonnes grading 1.22 per cent lithium oxide).
The betting is that Kidman’s Mt Holland is big, real big. Expect an opening resource estimate of more than 120 million tonnes at a grade equal to or better than Pilgangoora.
And based on recent drilling by Kidman, no one is going to be surprised if sets itself a justifiable exploration target of an additional 80 million tonnes.
Amazing stuff.
*********************************************************************************************
FWIW, I noticed Ken spoke at this conference the other day also, he certainly gets out and about.
https://www.thenewpilbara.com.au/speakers/
***********************************************************************************************
PLS news today
-
- There are more pages in this discussion • 57 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Add PLS (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
$3.00 |
Change
-0.050(1.64%) |
Mkt cap ! $9.029B | |||
| Open | High | Low | Value | Volume |
| $3.03 | $3.06 | $3.00 | $41.07M | 13.59M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 97 | 622937 | $3.00 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $3.01 | 580 | 1 |
View Market Depth
| Last trade - 16.10pm 05/07/2024 (20 minute delay) ? |
| PLS (ASX) Chart |